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Three in four baby boomers don’t use homebuyer resources

Housing Wire

About 10,000 Americans turn 65 each day and all boomers will reach that milestone by 2030, according to census data. Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability.

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New Hampshire’s hot housing market has the state in crisis mode

Housing Wire

Based on the states estimated population growth, nearly 60,000 additional units of housing are needed between 2020 and 2030, while nearly 90,000 units are needed between 2020 and 2040. This is based on an estimate that some 52,500 households will be added between 2020 and 2030, or roughly 74,400 between 2020 and 2040.

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Black Americans still face massive housing barriers

Housing Wire

The fact that Black buyers report earning more money and making more financial sacrifices to enter the homeowner class is one example of how difficult it is for Black people in this country to achieve the American dream.” “Homeownership is closely tied to the American ideal of freedom, and specifically financial freedom.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. With all these nuances, it’s unlikely that a centralized production system developed for nationwide usage can eliminate the need to manually enter, for example, borrower information into a proprietary municipal website.

HOA 488
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Opinion: More should be done to shorten the average time to close

Housing Wire

With all these nuances, it’s unlikely that a centralized production system developed for nationwide usage can eliminate the need to manually enter, for example, borrower information into a proprietary municipal website. Real estate will look different in 2030, perhaps even in 2024. Anton Tonev is the cofounder of InspectHOA.

HOA 459
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Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology.

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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Many appraisers believe that these green features, although expensive, add little value to the property, while potential buyers find these features appealing and valuable. AI is also at the forefront of green building education for appraisers with its Valuation of Sustainable Buildings Professional Development Program.